Record the necessary closing entries for the Jordan Company. I will give a thumbs down if answered incorrectly. ***(Chegg Management)***

ou need to complete the accounting cycle for Jordan Company for the month of December 31, 2018 1. Prepare the general journal entries to record these transactions using the accounts below Dec. 1 Jordan invests$45000 cash along with office equipment valued at $9,000 in the company in exchange for common stock. Dec. 2 The compan y purchased$1,600 office supplies on credit. Dec. 6 Dec. 15 The company completed a job and received $8,800 cash. for 12 months rent for office space. The company prepaid $12.000 Dec. 18 Dec. 20 Dec. 22 Dec. 30 Dec. 31 Dec. 31 The company purchased$7.200 in office equipment on credit. The company completed an $5,700 job for a client on credit. The company paid cash of$1600 on accounts payable from Dec. 18, The company paid cash of $315 for this month's electric bill. The company received $2.500 cash from the client billed on Dec. 20. The company paid cash of$500 in dividends. 101 Cash 102 Accounts Receivable 105 Office Supplies 120 Prepaid Rent 160 Office Equipment 161 Accumulated Depreciation- Office Equipment 201 Accounts Payable 307 Common Stock 312 Dividends 330 Retained Earnings 401 Services Revenue 600 Depreciation Expense 601 Utilities Expense 602 Office Supplies Expense 603 Rent Expense 2. Post the entries from Req. 1 to the ledger IT accounts) and enter the balance at the end of the month, 3. Prepare an unadjusted trial balance as of Dec. 31. 4. Prepare adjusting entries to reflect adjustments a-d. a. The month's depreciation on the office equipment is b. One month of the prepaid rent has expired. c. The inventory of supplies shows d. The company has earned$1,000 of services that are not billed at month-end. $350.00 5250 of supplies still available. ou need to complete the accounting cycle for Jordan Company for the month of December 31, 2018 1. Prepare the general journal entries to record these transactions using the accounts below Dec. 1 Jordan invests$45000 cash along with office equipment valued at $9,000 in the company in exchange for common stock. Dec. 2 The compan y purchased$1,600 office supplies on credit. Dec. 6 Dec. 15 The company completed a job and received $8,800 cash. for 12 months rent for office space. The company prepaid $12.000 Dec. 18 Dec. 20 Dec. 22 Dec. 30 Dec. 31 Dec. 31 The company purchased$7.200 in office equipment on credit. The company completed an $5,700 job for a client on credit. The company paid cash of$1600 on accounts payable from Dec. 18, The company paid cash of $315 for this month's electric bill. The company received $2.500 cash from the client billed on Dec. 20. The company paid cash of$500 in dividends. 101 Cash 102 Accounts Receivable 105 Office Supplies 120 Prepaid Rent 160 Office Equipment 161 Accumulated Depreciation- Office Equipment 201 Accounts Payable 307 Common Stock 312 Dividends 330 Retained Earnings 401 Services Revenue 600 Depreciation Expense 601 Utilities Expense 602 Office Supplies Expense 603 Rent Expense 2. Post the entries from Req. 1 to the ledger IT accounts) and enter the balance at the end of the month, 3. Prepare an unadjusted trial balance as of Dec. 31. 4. Prepare adjusting entries to reflect adjustments a-d. a. The month's depreciation on the office equipment is b. One month of the prepaid rent has expired. c. The inventory of supplies shows d. The company has earned$1,000 of services that are not billed at month-end. $350.00 5250 of supplies still available